Trump’s Crypto Bonanza: $1.2 Billion and Counting!

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Ah, Donald Trump, the “Crypto President” (as if we needed another nickname for him). The man has somehow managed to rake in a jaw-dropping $1 billion from crypto ventures in just under a year. That’s right—$1 billion, because apparently, regular wealth just wasn’t cutting it for the guy. According to Forbes (no, seriously, they’re reporting this), Trump’s net worth is now a staggering $5.6 billion, with half of that tied to the unpredictable world of cryptocurrencies. It’s like he’s the king of digital coins, or at least he likes to think so. 🤔💸

Donald Trump is cashing in on crypto. Over the last nine months, beginning slightly before the election, he has stirred up new ventures, new coins, new noise. All of it makes the president money, but how much? (Photo: Jamel Toppin for Forbes)

— Forbes (@Forbes) June 6, 2025

Now, just as expected, the critics are back. They’re clutching their pearls at the thought of a former president (who might soon run for office again, but who’s counting?) profiting off crypto while millions of other investors are left holding the bag. A bit of a PUMP-and-DUMP vibe, wouldn’t you say? And with no crypto regulations to keep him in check, it’s starting to smell a little fishy. 🐟

So, let’s break it down for you, because, honestly, this might be more profitable than your entire 2025. And you probably didn’t even get to sell tokens.

Where the Money Came From

Trump’s crypto earnings come from an assortment of rather creative sources—like token sales and memecoin madness. According to the report, he made a cool $390 million (before taxes, obviously) from the sale of tokens through his platform World Liberty Financial. Then there’s the TRUMP memecoin (yes, really) that earned him $315 million, and another $427 million from other memecoin ventures. A true digital mogul!

As if that wasn’t enough, he’s also sitting on a nice little pile of $60 million in World Liberty Financial’s stablecoin, USD1. Total crypto income? A mind-blowing $1.2 billion, with a post-tax profit of around $935 million. Not bad for a guy who’s supposed to be busy with, you know, running a country… or something.

Private Dinner Raises Eyebrows

In case you thought the crypto madness was all business, think again. Trump’s dinner party at his golf club near Washington, D.C., on May 22 was the event of the year (well, for crypto fanatics anyway). The top 220 holders of the TRUMP token were there, including Justin Sun, founder of Tron, who was reportedly the largest holder with $18 million worth of tokens. Fancy that!

But here’s the kicker: Sun has also invested a hefty $93 million into Trump-linked crypto projects, $75 million of that going into World Liberty Financial. What’s that? Foreign influence, anyone? Oh, and did I mention this dinner was a private affair? Just a small gathering where the top 25 token holders got a VIP tour of the White House. NBD, right?

Critics Question Ethics, But Profits Speak Loudly

Let’s not kid ourselves. The critics are not amused. They’re all up in arms about the potential ethical issues—foreign investments, presidential candidates profiting off speculative coins, and a whole lot of people getting burned. Apparently, 58 wallets have raked in over $10 million each from the TRUMP memecoin, while nearly 764,000 smaller investors are losing money faster than you can say “blockchain disaster.”

Even Anthony Scaramucci, former White House official, is shaking his head at the growing inequality in Trump’s crypto empire. As if the whole “private reception and White House tour” for top holders wasn’t bad enough. What’s next? A “Crypto President” yacht party? 😒

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2025-06-07 08:41